Siemens Energy (OTCMKTS:SMNEY) Shares Gap Down - Should You Sell?

Key Points

• Siemens Energy shares gapped down, opening at $100.12 after closing at $106.10, with recent trading around $100.01.
• Analysts have mixed views, with Morgan Stanley maintaining an "overweight" rating, while the current consensus rating is "Hold," reflecting a cautious outlook.
• In its latest earnings report, Siemens Energy posted an EPS of $0.79, surpassing estimates, and reported revenues of $11.06 billion, exceeding expectations of $10.64 billion.

Siemens Energy AG Unsponsored ADR (OTCMKTS:SMNEY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $106.10, but opened at $100.12. Siemens Energy shares last traded at $100.01, with a volume of 22,108 shares changing hands.

Analyst Ratings Changes

Several analysts recently commented on SMNEY shares. Morgan Stanley reiterated an "overweight" rating on shares of Siemens Energy in a report on Friday, August 8th. Zacks Research raised Siemens Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 1st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Siemens Energy presently has a consensus rating of "Moderate Buy".

Siemens Energy Stock Performance

The company has a market capitalization of $82.42 billion, a PE ratio of 87.39, a price-to-earnings-growth ratio of 1.44 and a beta of 2.04. The firm's fifty day simple moving average is $110.15 and its 200 day simple moving average is $88.62. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.90 and a quick ratio of 0.62.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.48. The firm had revenue of $11.06 billion for the quarter, compared to analyst estimates of $10.64 billion. Siemens Energy had a net margin of 2.50% and a return on equity of 9.57%. On average, research analysts predict that Siemens Energy AG Unsponsored ADR will post 0.24 EPS for the current year.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.